A VINTED whizz has shared her top tips for selling your old clothes fast.
Vinted is an online marketplace where people can buy and sell second hand clothes, shoes and accessories.
It’s completely free to upload clothes to the app and Vinted does not take a cut of sellers’ profits and instead charges buyers a small fee to purchase each item.
Mia Coombes shared her top tips via a video posted to her TikTok channel.
The Vinted seller revealed that her first tip is to make sure that you use a clear, white background when taking your photos.
She advised taking things such as calendars and posters off the walls so that your pictures look clear, with nothing in them to distract prospective buyers.
Mia’s next tip is to use key words when listing your items, such as cottagecore, vintage and y2k.
“These are cringe words that people will search for”, she said.
Her third tip is to make sure that you go to your settings and select the postage options that are right for you.
Vinted uses a number of different postage services, such as Evri, DPD and Yodel.
“Don’t have Royal Mail selected if you can’t do Royal Mail”, she said.
Mia’s fourth tip is to price items higher than you actually want to sell them for.
This way, if people negotiate with you and send you offers, you can still get the price that you want for the items.
The seller also recommended offering discounts to people who buy more than one item from you.
She explained that this way, you are likely to make more sales.
Reusing packaging from things you’ve bought yourself, is another one of Mia’s tips, and this will end up saving you lots of cash.
Finally, the seller warned people to be careful of who you are selling your items to as “they could be a scammer” and not end up sending you the money.
“Just be safe”, she said.
IF you fancy clearing out your wardrobe and getting rid of your old stuff on Vinted, you’ll need to consider the new rules that recently came into play.
If people are selling personal items for less than they paid new (which is generally the case for second-hand sales), there is no impact on tax.
However, since January 1, digital platforms, including eBay, Airbnb, Etsy, Amazon and Vinted, must share seller information with HMRC as part of a crackdown.
You’re unlikely to be affected if you only sell a handful of second-hand items online each year – generally, only business sellers trading for profit might need to pay tax.
A tax-free allowance of £1,000 has been in place since 2017 for business sellers trading for profit – the only time that an individual personal item might be taxable is if it sells for more than £6,000 and there is a profit from the sale.
However, firms now have to pass on your data to HMRC if you sell 30 or more items a year or earn over £1,700.
It is part of a wider tax crackdown to help ensure that those who boost their income via side hustles pay up what they owe.
While your data won’t be shared with HMRC if you earn between £1,000 and £1,700, you’ll still need to pay tax as normal.
Mia’s video, which was posted under the username @miacoombess, has likely left many impressed, as it racked up over 200,000 views on the video sharing platform.
TikTok users raced to the video’s comments section to share their thoughts.
One person said: “Great tips.
“I’m sticking with these tips as much as I can but taking pictures can be difficult sometimes”.
Another person said: “I’m selling so much at the minute”.
A third said: “Thank you for the tips!”
Online marketplaces like Vinted and Depop have millions of users across the UK, with the cost-of-living crisis only increasing their popularity.
Financial pressures in British homes saw sales of second-hand goods jump by 15 per cent to £21 billion in 2022.
One in six people now say they buy used items, according to research commissioned by review site Trustpilot.
So, now’s the perfect time to make yourself some extra cash on the likes of Vinted.
According to the popular platform, sellers do not have to pay tax on earnings they make from the site.
This, HMRC stated, is because selling personal items through platforms like Vinted is not itself taxable.
”If the money a member makes on Vinted over a year is less than the amount they paid for the items they are selling, then there is no tax to pay,” a Vinted spokesperson explained.
”Generally, only business sellers “trading” for profit might need to pay tax.
”A tax-free allowance of £1,000 has been in place since 2017 for people who trade for profit.”
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